709 E Madison StMount PleasantIA52641
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Mount Pleasant at 709 E Madison St, Mount Pleasant, IA, 52641 with 5% annual appreciation on a $159,000 basis while $1,649/mo rent supports operations. Total monthly income totals $1,649/mo and a $778/mo payment preserves $617/mo for cash returns. Annual cash flow comes to $7,399/yr on $52,709 deployed, and return on cash invested reaches 33.95% in year one. Equity gained on principal adds $1,026/yr, and five-year appreciation sums $43,929 alongside rental yield of 12.45%. Five-year ROI measures 178.54% and total cumulative return in cash totals $94,104.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,649/mo property income versus a $778/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52641, Mount Pleasant, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,051 (100%) |
| Owner Occupied HU | 3,191 (63.2%) |
| Renter Occupied HU | 1,428 (28.3%) |
| Vacant Housing Units | 432 ( 8.6%) |
| Median Home Value | $175,163 |
| Average Home Value | $210,482 |
Housing Distribution
Address Breakdown
Residential
4,848
Single Family
4,458
Multi-Family
390
Businesses
517
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Listed by: Jennifer Schwartz • Midwest Realty
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6321018
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-17 23:37:29 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#7734)